This property might be a fair Mid-Term investment with a projected 5.55% first-year return on $77,241 initial cash invested.
5.55%
Cash On Cash
8.83%
Cap Rate
1.32
DSCR
$3,644
Rent
$357
Cashflow
Cash Flow
$3,644 income − $3,287 expenses = $357 cash flow
Investment Breakdown
|
Purchase Price
$282k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,241
Downpayment
20%
$56,420
Closing costs
1%
$2,821
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,644
Total Expenses
$3,287
Mortgage P&I
43%
$1,572
Property Taxes
10%
$362
Home Insurance
3%
$114
HOA
0%
$0
Property Management
12%
$437
CapEx
4%
$146
Vacancy
3%
$109
Maintenance
4%
$146
Other
11%
$401